Matt Bowen
06-07-2007, 09:25 AM
Sugar has fallen from .18 cents a pound down last year at this time to just over .08 cents a pound this week.
(as Dailyfutures, Inc writes)
Better yet, cane ethanol yields eight times the energy needed to make it, compared with U.S. corn-based ethanol that is energy-inefficient and costs almost three times as much to produce. As long as crude-oil prices stay above $30 a barrel, Brazilian ethanol, which costs $26 a barrel to produce, is cost-competitive, attractive and sustainable to boot.
When you factor in these variables...this becomes a very interesting setup and we are sitting on Decision Point support here. I'm not looking to pick a bottom here, just speculate on a decision point trade. My job as a speculator is to make good decisions based on smart risk/reward calculations and that's what MTPredictor was made for :)
(as Dailyfutures, Inc writes)
Better yet, cane ethanol yields eight times the energy needed to make it, compared with U.S. corn-based ethanol that is energy-inefficient and costs almost three times as much to produce. As long as crude-oil prices stay above $30 a barrel, Brazilian ethanol, which costs $26 a barrel to produce, is cost-competitive, attractive and sustainable to boot.
When you factor in these variables...this becomes a very interesting setup and we are sitting on Decision Point support here. I'm not looking to pick a bottom here, just speculate on a decision point trade. My job as a speculator is to make good decisions based on smart risk/reward calculations and that's what MTPredictor was made for :)